iShares Core Aggressive Allocation ETF (AOA) Performance
AOA total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +9.0% since Dec 31, 2025
- 1 year
- +10.9% total return
- 5 years
- +8.3% a year
- 10 years
- +10.1% a year
- Since first price
- +10.3% a year since 2008
AOA trailing returns vs AGG, TLT, SPY
| Period | AOA total return | Price only | U.S. bonds (AGG) | 20+ yr Treasuries (TLT) | S&P 500 (SPY) |
|---|---|---|---|---|---|
| 1 month | −1.5% | −1.8% | +0.9% | +1.5% | −1.0% |
| 3 months | +0.9% | +0.6% | −0.4% | −1.0% | +3.2% |
| 6 months | +4.0% | +3.0% | −1.5% | −3.8% | +7.8% |
| YTD | +9.0% | +7.6% | −1.0% | −3.4% | +12.3% |
| 1 year | +10.9% | +8.4% | −1.1% | −6.9% | +14.4% |
| 3 years | +67.1%+18.7%/yr | +56.1% | +16.6%+5.2%/yr | +9.7%+3.1%/yr | +87.4%+23.3%/yr |
| 5 years | +49.3%+8.3%/yr | +33.7% | −0.8%−0.2%/yr | −32.5%−7.6%/yr | +79.3%+12.4%/yr |
| 10 years | +162.8%+10.1%/yr | +105.5% | +14.0%+1.3%/yr | −18.7%−2.0%/yr | +315.9%+15.3%/yr |
| 15 years | +319.6%+10.0%/yr | +195.4% | +32.2%+1.9%/yr | +9.9%+0.6%/yr | +696.0%+14.8%/yr |
| Since inceptionNov 11, 2008 | +478.5%+10.3%/yr | +282.5% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: AOA vs AGG
From Nov 11, 2008: AOA grew to $57,852, AGG to $16,583.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
AOA returns by calendar year
13 of 17 full years positive. Best 2009 (+25.8%), worst 2022 (−16.2%). 2026 is year to date.
AOA annual returns table
| Year | AOA | Largest drop | AGG | TLT | SPY |
|---|---|---|---|---|---|
| 2026YTD | +9.0% | −8.2% | −1.0% | −3.4% | +12.3% |
| 2025 | +19.6% | −12.9% | +7.2% | +4.3% | +17.7% |
| 2024 | +13.6% | −6.2% | +1.3% | −8.1% | +24.9% |
| 2023 | +18.3% | −9.7% | +5.7% | +2.8% | +26.2% |
| 2022 | −16.2% | −23.6% | −13.0% | −31.2% | −18.2% |
| 2021 | +15.4% | −4.3% | −1.8% | −4.6% | +28.7% |
| 2020 | +12.8% | −28.4% | +7.5% | +18.2% | +18.3% |
| 2019 | +22.6% | −5.0% | +8.5% | +14.1% | +31.2% |
| 2018 | −7.9% | −16.1% | +0.1% | −1.6% | −4.6% |
| 2017 | +20.1% | −1.6% | +3.6% | +9.2% | +21.7% |
| 2016 | +7.5% | −7.8% | +2.4% | +1.2% | +12.0% |
| 2015 | −1.1% | −11.7% | +0.5% | −1.8% | +1.2% |
| 2014 | +6.0% | −7.4% | +6.0% | +27.3% | +13.5% |
| 2013 | +22.4% | −6.6% | −2.0% | −13.4% | +32.3% |
| 2012 | +15.0% | −9.2% | +3.8% | +2.6% | +16.0% |
| 2011 | −1.7% | −20.1% | +7.7% | +34.0% | +1.9% |
| 2010 | +16.7% | −14.0% | +6.4% | +9.0% | +15.1% |
| 2009 | +25.8% | −23.9% | +3.0% | −21.8% | +26.4% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
AOA largest drawdowns
Now 3.2% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Feb 12, 2020 | −28.4% | Mar 23, 2020 | Aug 24, 2020 | 40 days | 6 months |
| Nov 11, 2008 | −24.4% | Mar 9, 2009 | May 6, 2009 | 4 months | 6 months |
| Jan 4, 2022 | −23.6% | Oct 14, 2022 | Feb 7, 2024 | 9 months | 2.1 years |
| Apr 29, 2011 | −20.1% | Oct 3, 2011 | Mar 13, 2012 | 5 months | 10 months |
| Jan 26, 2018 | −16.1% | Dec 24, 2018 | Jul 2, 2019 | 11 months | 1.4 years |
| May 21, 2015 | −15.0% | Feb 11, 2016 | Sep 6, 2016 | 9 months | 1.3 years |
Declines from a closing high (distributions reinvested) of 5% or more. Underwater = time from the peak until the old high was regained.
AOA risk statistics
| Statistic | 3 years | 5 years | 10 years | Since 2008 |
|---|---|---|---|---|
| Annualized return | +18.0% | +9.2% | +10.1% | +10.9% |
| Volatility (annualized) | 9.8% | 12.7% | 12.3% | 12.9% |
| Sharpe ratio | 1.30 | 0.48 | 0.66 | 0.77 |
| Sortino ratio | 2.43 | 0.72 | 0.99 | 1.22 |
| Best month | +7.8% | +7.8% | +9.7% | +10.2% |
| Worst month | −5.2% | −8.3% | −11.9% | −11.9% |
| Best 12 months | +27.4% | +27.4% | +43.8% | +49.8% |
| Worst 12 months | +6.6% | −18.9% | −18.9% | −18.9% |
| Positive months | 75% | 65% | 68% | 67% |
| Beta vs S&P 500 | 0.74 | 0.78 | 0.77 | — |
| Correlation with S&P 500 | 0.94 | 0.96 | 0.97 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
AOA rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 204 | −18.9% | +12.6% | +49.8% | 83% |
| 3-year (a year) | 180 | +1.6% | +9.6% | +23.6% | 100% |
| 5-year (a year) | 156 | +2.8% | +9.1% | +19.8% | 100% |
| 10-year (a year) | 96 | +6.1% | +9.0% | +12.7% | 100% |
Every holding period starting at a month-end since 2008. Returns for 3 years and longer are annualized.
AOA performance overview
iShares Core Aggressive Allocation ETF (AOA) returned +10.9% over the past year and +10.1% a year over ten years, with distributions reinvested. Since its first recorded price in 2008 it has returned +10.3% a year, turning $10,000 into about $57,852. Over the same year U.S. bonds (AGG) returned −1.1%.
The deepest decline was −28.4%, from Feb 12, 2020 to Mar 23, 2020, and it took 5 months to get back to the old high. AOA finished 13 of its 17 full calendar years with a gain; the best year was 2009 (+25.8%) and the worst 2022 (−16.2%). Volatility has been 12.9% a year.
Related: AOA chart, AOA holdings, AOA dividends, AOA bond profile. See the AOA overview for the latest quote and fund facts.
AOA performance FAQ
What is the AOA return over the past year?
AOA returned +10.9% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 8.4%.
What is the average annual return of AOA?
AOA has returned +8.3% a year over 5 years, +10.1% a year over 10 years, +10.3% a year since November 11, 2008 (total return, distributions reinvested).
How much would $10,000 invested in AOA be worth?
$10,000 invested in AOA at its first recorded close on November 11, 2008 would be worth about $57,852 on October 23, 2026 with distributions reinvested.
What was the worst year for AOA?
The worst calendar year was 2022, with a total return of −16.2%. The best was 2009 at +25.8%.
What is the biggest drawdown of AOA?
The largest peak-to-trough decline was −28.4% between February 12, 2020 and March 23, 2020. It recovered to the old high on August 24, 2020, 5 months after the bottom.
How volatile is AOA?
Over the past 3 years AOA had an annualized volatility of 9.8% and a Sharpe ratio of 1.30 (excess return over 1–3 month T-bills per unit of risk).